About Lesson
Globalization is the growing interconnectedness of world economies, cultures, and populations, driven by international trade, technological progress, and the flow of investment, people, and information.
While nations have been building economic partnerships for centuries, “globalisation” gained widespread recognition in the early 1990s, particularly after the Cold War, as these cooperative arrangements significantly influenced modern daily life. Many factors including the 1991 economic reforms have aided the rise of globalisation in India, which has had profound impacts on Indian society, both positive and negative.